Gday lads,
Does anyone have some thoughts on the following process I have thought up in regards to getting a product manufactured and distributed with little cash and without raising capital. I am completely new to this and am just having some fun playing around with ways to make it happen.
The Process: (assuming you have a product developed, engineering drawings done and everything else you need to get something manufactured)
Part One:
1. Find a manufacturer
2. Get your prototype made
3. Test and refine your product - make sure it is user friendly and not a piece of shit
4. Outline any issues you have come across with the prototype and solve them - outline drawings for the improved design and send them back to the manufacturer.
Part Two:
1. Take your finalised product and convince wholesalers that they should sell it because it is a great product - offer them a higher than usual profit.
2. Once you manage to convince a wholesaler to sell the product, connect the wholesaler with the manufacturer.
3. Then, in theory, the manufacturer produces the product and sells it to the wholesaler in bulk who then sells it and takes a nice profit, while you take the remaining profit.
Obviously there are countless little details also involved but this is just a basic outline and a little experiment.
Cheers!
Does anyone have some thoughts on the following process I have thought up in regards to getting a product manufactured and distributed with little cash and without raising capital. I am completely new to this and am just having some fun playing around with ways to make it happen.
The Process: (assuming you have a product developed, engineering drawings done and everything else you need to get something manufactured)
Part One:
1. Find a manufacturer
2. Get your prototype made
3. Test and refine your product - make sure it is user friendly and not a piece of shit
4. Outline any issues you have come across with the prototype and solve them - outline drawings for the improved design and send them back to the manufacturer.
Part Two:
1. Take your finalised product and convince wholesalers that they should sell it because it is a great product - offer them a higher than usual profit.
2. Once you manage to convince a wholesaler to sell the product, connect the wholesaler with the manufacturer.
3. Then, in theory, the manufacturer produces the product and sells it to the wholesaler in bulk who then sells it and takes a nice profit, while you take the remaining profit.
Obviously there are countless little details also involved but this is just a basic outline and a little experiment.
Cheers!
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